Spanish stocks fall Friday, but to close narrowly lower on the week




Closing changes for the day and the week:

  • German DAX +0.6%
  • French CAC +0.7%
  • Spain IBEX -1.45%
  • Italy MIB -0.6%
  • UK FTSE +0.25%

On the week:

  • German DAX +1.7%
  • French CAC +2.3%
  • Spain IBEX -0.25%
  • Italy’s MIB +1.4%
  • UK FTSE +-0.2%

In terms of dollars, however, everything was down on the week, with the exception of France.

There has been heavy volatility in Spanish stocks recently, but even there it is not particularly impressive. The market simply doesn’t care about Catalonia. If it is all local stocks may gather then, it is a virtual non-factor for EUR traders.



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